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Tax Receivable Agreements (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Apr. 15, 2015
Mar. 31, 2017
Dec. 31, 2015
Jun. 30, 2017
Feb. 28, 2017
Dec. 31, 2016
Tax Receivable Agreements            
Payment on applicable cash tax savings (as a percent) 85.00%          
First payment due after filing of company's tax return     120 days      
First payment made   $ 7,000        
Deferred tax assets related to exchange of units $ 218,400          
Payments to certain Virtu Members 238,600          
Minimum tax receivable agreement obligation over the agreed period 400          
Maximum tax receivable agreement obligation over the agreed period $ 21,400          
Period over which the obligations are to be settled 15 years          
Reduction of paid-in capital for the difference between TRA liability and related deferred tax asset. $ 20,200          
Deferred tax asset recorded in connection with a stock offering         $ 8,500  
Amount of payment liability pursuant to tax receivable agreements         7,300  
Increase in additional paid-in capital related to tax receivable agreements         $ 1,200  
Deferred tax assets       $ 186,600   $ 189,600
Tax receivable agreement obligations       $ 231,639   $ 231,404